Aluminium Futures Decline on Weak Demand - PTI

Feb 11, 2025 13:13

Aluminium prices fell in the futures market on Tuesday due to reduced demand from consuming industries. The metal closed at Rs 257.20 per kg on the Multi Commodity Exchange.

New Delhi, Feb 11 (PTI) Aluminium prices on Tuesday slipped Re 1 to Rs 257.20 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in March fell Re 1 or 0.39 per cent to Rs 257.20 per kg in 944 lots.

Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.

Source: PTI

MORE NEWS

Silver Price Soars to Record Rs 2 Lakh/kg

Silver prices hit a record Rs 2 lakh per kg in futures trading, driven by strong global...

Mexico Tariffs Impact India Auto, Metal Exports

Mexico's tariff hike hits India's auto, metal, electronics exports. Experts warn of...

India, New Zealand FTA Talks Fast-Tracked

India and New Zealand discuss ways to fast-track FTA negotiations. Review of progress...

Vishal Gupta New President of CREDAI-NCR

Ashiana Housing MD Vishal Gupta elected president of CREDAI-NCR. New Executive...

Ozempic for Type 2 Diabetes Launched in India

Novo Nordisk launches Ozempic in India for type 2 diabetes treatment. Weekly injection...

Gurugram Housing: Satya, Maple Invest Rs 1600 Cr

Satya Group and Maple Group invest Rs 1,600 crore to develop a luxury housing project,...

Mercedes to Hike Prices by 2% in January

Mercedes-Benz India will increase vehicle prices by up to 2% in January due to the...

Brookfield Invests $1B in Maharashtra GCC Facility

Brookfield to invest USD 1 billion in Maharashtra to build a global capability centre...

JSW Energy to Supply 400 MW to Karnataka Discoms

JSW Energy arm signs PPA with Karnataka discoms for 400 MW power supply starting April...

FPO Scheme Extended: Addressing Farmer Hurdles

Govt extends FPO scheme for 5 years (2026-31), tackling compliance & capital issues....